Slabbing Coins With NGC and Overall Charges

Posted by Peter on May 13th, 2013

Today, my three(3) coins which I have sent to NGC for slabbing and authentication vide Mavin International Pte Ltd has finally arrived after about two (2) months periods ( incidentally, my shop slcollectors at Millennium Square offers such slabbing services to coins and banknotes collectors):-

Slabbed and authenticated coins from NGC

As the proud owner of these coins naturally there will always be a feeling of happiness/unhappiness when you got the grading results. Anyway, without delving too much on that emotions, let’s look at what are my total charges: Sgd166.16 x2.48 =Rm412 / 3 coins= Rm137 which has not yet include the additional cost of sending to Singapore. ( negotiable depending on how many coins)

Final billing from Mavin excluding runner’s administration cost

Nowadays, many traders are getting their coins slabbed hopping that the coins can get higher MS ( MINT STATE) condition/grading so as to get a better price for their coins. Imagine each step of MS might defer in terms of a hefty few hundreds ringgits.

As a collector, if you wish to slab your coins or banknotes:

don’t get disappointed when the grading you sought might not be the one you get- maybe try to “dream” within your world of grading and enjoy your coin lustrous and overall appearance instead of sending to any external party to spoil your moods ( unless you want to sell your coins and or wanting to authenticate your coins)

know roughly how much is the costs of such slabbing – on average an average coin should cost about less than Rm200 ( all inclusive costs of physically sending to Mavin,Mavin’s charges, NGC charges, insurance ,etc)